Tuesday, Nov 12, 2019 | Last Update : 06:54 PM IST

Economy | The Asian Age

India's GDP likely to grow 5 per cent this fiscal: SBI report

India is also significantly lower in Economic Uncertainty Index when compared globally

12 Nov 2019 5:08 PM

India's industrial production posts steepest fall in 8 years

The contraction in IIP in September has dampened prospects of a quick recovery in economic growth after it slipped to a six-year low.

12 Nov 2019 9:39 AM

Forex reserves soar USD 3.5 bn to new lifetime high of USD 446.09 bn

The country's reserve position with the Fund also increased by USD 10 million to USD 3.648 billion, the data showed.

09 Nov 2019 12:30 PM

No levying of charges on NEFT payment from January: RBI to banks

RBI has also proposed that FASTags would be enabled to pay for parking fee and even at fuel stations.

08 Nov 2019 5:26 PM

India’s inflation probably breached RBI target last month: report

Vegetable prices, particularly that of onions and tomatoes, will contribute significantly to the rise in inflation.

08 Nov 2019 11:00 AM

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FinMin says fundamental of Indian eco robust, reforms to stimulate investments

Government of India has also proactively taken policy decisions in response to the global slowdown.

08 Nov 2019 10:21 AM

Moody's outlook on India 'negative', govt says fundamentals in place

A credit crunch among non-bank financial institutions (NBFIs), have increased the probability of a more entrenched slowdown.

08 Nov 2019 8:56 AM

Nirmala Sitharaman reviews state of economy at FSDC meeting

RBI and other regulators are looking at financial at it holistically, he said when asked about stress in the financial sector.

07 Nov 2019 1:53 PM

India seeks foreign investments in oil and gas sector: Pradhan

India wants to be the new destination for global energy players, said oil minister Dharmendra Pradhan.

07 Nov 2019 12:21 PM

Slowing Indian economy spells tough times ahead for the rupee: report

A barrage of rate cuts from the RBI this year has done nothing concrete so far to revive a slowing Indian economy.

07 Nov 2019 9:47 AM

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Steel consumption in India set for quantum jump: Pradhan

Steel sector is becoming more efficient, environment-friendly and globally competitive supported by various government policies.

06 Nov 2019 2:37 PM

Fitch raises India's FY20 fiscal deficit forecast to 3.6 pc of GDP

The move is estimated to result in Rs 1.45 lakh crore in revenue loss for the government during FY2019-20.

06 Nov 2019 12:20 PM

India's sugar output likely to fall 21.5 pc in 2019-20: ISMA

ISMA had made a preliminary estimate of 28.2 million tonnes of sugar production for the 2019-20 marketing year.

05 Nov 2019 6:15 PM

New base year for GDP to be decided in few months

The change in base year actually captures the change in structures of the economy.

05 Nov 2019 2:59 PM

India's October services activity contracts for second straight month

Last time services activity contracted for two consecutive months was in August 2017 following the GST implementation.

05 Nov 2019 12:58 PM

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RCEP deal may hurt India's export competitiveness: TPCI

India's imports may increase by USD 29 bn annually during the post-RCEP period, implying a revenue loss by as much as 1.3 pc of GDP.

05 Nov 2019 11:54 AM

Muted Diwali demand, GDP growth may fall to 5.8 pc: BofAML

Lack of consumption is seen as one of the key factors pulling down growth.

04 Nov 2019 4:29 PM

Germany to invest 1 billion euros for green urban mobility in India

It would be a good idea to replace diesel buses in Delhi with electric buses, said German Chancellor Angela Merkel.

02 Nov 2019 4:00 PM

GST collections remain subdued at Rs 95,380 cr in October

The gross GST revenue collected in the month of October, 2019 is Rs 95,380 crore of which CGST is Rs 17,582 crore.

01 Nov 2019 3:52 PM

Core sector output shrinks by 5.2 per cent in September

The eight core sectors had expanded by 4.3 per cent in September 2018.

31 Oct 2019 5:30 PM

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